Mart Resources Inc MAUXF

RE:Sliding pps .

[gibbonsj]

A percentage of the speculative o&g investor sector felt there was value here when oil was $80 to $95. That percentage would logically be a good deal less now. The influx of new blood attracted by cheap shares, a dividend, healthy production and forever pending good news was what kept sp moving up. Theft news pushed it down but between the two forces there was money to make riding the wave. I doubt we are going to see much in the way of the new interest needed to push sp up so without the upside influences we could be looking at a sp of .50. If oil hits expected lows sp could drop even more. Abandon all hope if we're operating in the red which we won't know for certain until the next quarterly.  Very dangerous times until we know where oil settles and what the balance sheet looks like.  The chances of nose diving are a lot greater than a solid pop anytime soon.